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Coastal Realty

info@coastalrlty.com +1(956) 541-9000

Listed by Coldwell Banker La Mansion Real Estate

$ 275,000

Est. payment -/mo

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Pending

505 12th St. Mcallen, TX 78501

3,841 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,841 sqft

Price per Sqft $71

Subdivision North Mcallen

MLS Listing ID 29755608

Year Built 1976

Lot Size 0.330 Acres

Property Sub-Type Multi Family

Property Description

Prime investment opportunity in an established McAllen neighborhood. This fully occupied multi-tenant property features four apartments with long-term tenants, offering steady income from day one. Ideally located with quick access to McAllen's main arteries, it's close to the vibrant nightlife of the historical and downtown districts and within walking distance to Archer Park and its popular food truck park. While the property needs some TLC, there's significant potential for rent increases, making it an excellent investment. There are 3 buildings on the 1/3 acre property with yard space for each area. Enjoy the benefits of a stable community, easy access to public transportation, and major highways. Don't miss this chance to own a promising property with great growth potential.

Location

State TX

County Hidalgo

Area 3841

Interior

Appliance Electric Water Heater, Refrigerator

Laundry Common Area

Exterior

Parking Features 4 or More Car Garage, Attached, Carport, On Street

Garage Spaces 6.0

Garage Yes

Building

Lot Description Corner Lot, Sidewalks

Story Two

Foundation Combination

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wilson

Middle Schools Travis

High Schools Mcallen

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://tour.usamls.net/505-N-12Th-St-Mcallen-TX-78501/unbranded

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Idea Mcallen Academy

Public | KG - 3
9

Bonham Elementary School

Public | PK - 5
9

Milam Elementary School

Public | PK - 5
8

Houston Elementary School

Public | PK - 5
8

McAuliffe Elementary School

Public | PK - 5
7

Roosevelt Elementary School

Public | PK - 5
7

Wilson Elementary School

Public | PK - 5
7

Aida C Escobar Elementary School

Public | PK - 5
6

Escandon Elementary School

Public | PK - 5
6

Alvarez Elementary School

Public | PK - 5
6

Seguin Elementary School

Public | PK - 5
6

Navarro Elementary School

Public | PK - 5
6

Horizon Montessori

Public | PK - 8
6

Fields Elementary School

Public | PK - 5
6

Jackson Elementary School

Public | PK - 5
6

Daniel Ramirez Elementary School

Public | PK - 5
4

Thigpen-Zavala Elementary School

Public | PK - 5
0

Taylor Christian School

Private | PK - 11
0

Our Lady of Sorrows School

Private | PK - 8
0

St Johns Episcopal Day School

Private | PK - 6

Middle Schools 8

9

Cathey Middle School

Public | 6 - 9
5

Lincoln Middle School

Public | 6 - 10
4

Brown Middle School

Public | 6 - 9
4

Travis Middle School

Public | 6 - 8
4

Kennedy Middle School

Public | 6 - 8
0

Idea Mcallen College Preparatory

Public | 6 - 7
0

Southwest Key Program

Public | 7 - 11
0

Instr/Guid Center

Public | 6 - 12

High Schools 8

10

Achieve Early College High School

Public | 9 - 12
5

Rowe High School

Public | 9 - 12
5

McAllen High School

Public | 9 - 12
5

Memorial High School

Public | 9 - 12
1

Midvalley Academy-Mcallen Charter High School

Public | 9 - 12
0

Student Alternative Program

Public | 9 - 12
0

Lamar Academy

Public | 9 - 12
0

Premier High School of San Juan

Public | 9 - 12

School and business data provided by Attom Data.

Coastal Realty

+1(956) 541-9000

Coastal Realty

505 12th St. Mcallen, TX 78501

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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505 12th St.